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Russia to develop Caspian Sea harbours

Russia’s federal government has approved a development strategy to 2030 for the country’s Caspian Sea ports, as well as the rail and road approaches to them.
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The document envisages a dramatic growth in the volumes of Russian exports handled by the domestic Caspian ports. Thus, it is planned to expand the dry bulk exports via the region’s harbours to 14 Mtpa, including 7 Mtpa of grain.

The strategy would be implemented along several key lines, specifically through the formation of a sustainable transport and logistics corridor with Iran, India and the Persian Gulf markets, and the development of the region’s export-oriented industrial and business potential.

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